Leonid Melamed: uncertainty period is the best time to make important tactical and strategical decisions

22 June 2015

June 25, 2015, Vedomosti newspaper office will host a FocusForum Conference in Moscow with a leading participation of Leonid Melamed, the Chairman of Team Drive, member of the Board of Directors of NovaMedica, RMI Partners and Doctor Ryadom. The conference’s goal is to gather experts and share ideas and valuable experience in the time of business challenges. In his video interview to Vedomosti, Leonid explained his vision of the company management tasks in the period of uncertainty.

According to Leonid Melamed, “The time of uncertainty is exactly the time when management should make important decisions both tactical and strategical that are usually postponed in other times or at least realized in a milder way. This is the right time to allocate internal resources aimed to ensure competitive advantages and to cut down the resources spent on the products, processes and areas that do not bring any competitive value in tactical viewpoint. Such periods are the time to reallocate strategic investments in something that will provide competitive value in 3 to 5 years when stability will come in place of uncertainty. Business model also must be changed, if necessary.

In other words, hard times create a welcomed opportunity for drastic changes that were difficult to realize under regular circumstances.”

In hard times, each business unit of the company is a key point. Such circumstances act as a rich soil to grow brilliant ideas and define the company’s future development. And only highly coordinated operation of all business units may lead the company to a success.

The Vedomosti’s FocusForum Conference will take place June 25, 2015, and bring together various experts who will share their ideas and valuable experience and try to identify an action plan for the future. General Managers, Heads of Business Development, HR, Marketing, Advertising and PR will introduce their business cases and strategies during panel discussions, presentations and unofficial personal meetings.

Human trials of the drug being developed to save the seriously injured and to extend the “golden hour” – the time regarded as the most critical for saving lives – can begin at least in three years, according to Anatoly Kovtun, Head of the project group of the Foundation for Advanced Research Projects (FPI).

Russian researchers have developed a non-contact method of taking blood samples. Laser device will provide absolute sterility, minimal pain for a patient, rapid wound healing and high cost-effectiveness compared to automatic lancets with a retractable needle.

The Tomsk Polytechnic University (TPU) research team proposed to use catalysts based on silver nanoparticles in liquid-phase oxidation of alcohols. This will allow making the process of alcohol oxidation more ecological and cost-effective, comparing with more traditional high-temperature gas-phase oxidation or with toxic reagents.

In 2018, the number of pharmaceutical companies believing that the most effective way to reduce the share of imported drugs is further restriction or ban on participation of foreign producers in public procurement, increased to 63%.

We believe that Russian excellence in multi-disciplinary scientific and technological innovation, in synergy with the wave of entrepreneurial and creative talent now being unleashed with the rise of the Russian Millennial generation, will, against the backdrop of macroeconomic stability afforded by Russia’s vast natural resources, combine to make the world a much better place for everyone

We believe that most Russian companies, ideas, concepts and brands are enormously undervalued, not just in terms of their potential on the Russian markets, but in terms of their global potential. Our task is to identify this potential and execute against it, to world class standards of efficiency and effectiveness

In order to identify and unlock the potential value in the companies we work with, we have developed a holistic methodology which goes all the way from goals and strategies to the minute, concrete detail of day-to-day management operations

We work rapidly to develop goals and strategy, but in parallel we look for quick wins to generate early success and focus the employees, customers and partners on the company’s new mission and values and to demonstrate the immediate, short-term value we bring

Our expertise covers a wide range of industry sectors, geographic regions and functional specialisms. One of our key competitive differentiators is our ability to apply learning, experience, innovation and best practice from one sector to another and one country to another

In a rapidly globalizing business, social and political environment we uncompromisingly seek out business models that are the best in the world as the starting point for our work. Only in this way can we help our customers realize their true potential in a way which is both significant and sustainable

Our leading directors have decades of collective experience in multiple industries with public market accountability in realizing global concepts and adapting these to the realities and opportunities specific to Russia

We believe that Russian excellence in multi-disciplinary scientific and technological innovation, in synergy with the wave of entrepreneurial and creative talent now being unleashed with the rise of the Russian Millennial generation, will, against the backdrop of macroeconomic stability afforded by Russia’s vast natural resources, combine to make the world a much better place for everyone

We believe that most Russian companies, ideas, concepts and brands are enormously undervalued, not just in terms of their potential on the Russian markets, but in terms of their global potential. Our task is to identify this potential and execute against it, to world class standards of efficiency and effectiveness

In order to identify and unlock the potential value in the companies we work with, we have developed a holistic methodology which goes all the way from goals and strategies to the minute, concrete detail of day-to-day management operations

We work rapidly to develop goals and strategy, but in parallel we look for quick wins to generate early success and focus the employees, customers and partners on the company’s new mission and values and to demonstrate the immediate, short-term value we bring

Our expertise covers a wide range of industry sectors, geographic regions and functional specialisms. One of our key competitive differentiators is our ability to apply learning, experience, innovation and best practice from one sector to another and one country to another

In a rapidly globalizing business, social and political environment we uncompromisingly seek out business models that are the best in the world as the starting point for our work. Only in this way can we help our customers realize their true potential in a way which is both significant and sustainable

Our leading directors have decades of collective experience in multiple industries with public market accountability in realizing global concepts and adapting these to the realities and opportunities specific to Russia